Retirement plan

COWAN, LIEBOWITZ AND LATMAN, P.C. EMPLOYEES' RETIREMENT PLAN

Name: COWAN, LIEBOWITZ AND LATMAN, P.C. - COWAN, LIEBOWITZ AND LATMAN, P.C. EMPLOYEES' RETIREMENT PLAN (2018) Form 5500
Creator: COWAN, LIEBOWITZ AND LATMAN, P.C.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, COWAN, LIEBOWITZ AND LATMAN, P.C. EMPLOYEES' RETIREMENT PLAN, COWAN, LIEBOWITZ AND LATMAN, P.C.

COWAN, LIEBOWITZ AND LATMAN, P.C.EIN 13-2741990Plan #002PY 2018

114 WEST 47TH STREET - NEW YORK, NY 100366799212-790-9200

Other plans on this EIN

1 filing

#001Retirement-$26.5M assets

Prospect flagsHigh feesHigh assets / participant

How to read this page

Total assets (EOY)

$22.8M

-2.4% from 2017

Total participants

+11.1% from 2017

Average account balance

$265,103

-8.1% from 2017

Annual return

-3.61%

-23.60 pp from 2017

Benchmarks

See 25,535 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants25-99

Cohort25,535 peers

Snapshot2018

Free accounts unlock saves, downloads, and 3-year history.

Analytics

Total assets (EOY)

Plan-year ending balance

Not enough data

1 years with asset history on file

Average account balance

Total assets / participants with a balance (line 6g)

Not enough data

0 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

Not enough data

0 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

Not enough data

0 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$659K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

Not enough data

0 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

-94.02%

Not enough data

1 years with return on file

Admin fee / account holder

Total admin expenses / participants with a balance (line 6g)

Not enough data

1 years with admin cost on file

Asset composition

Cash / stocks / bonds / mutual funds / real estate / loans over time

Not enough data

0 years with F_SCH_H allocation on file

Free accounts unlock saves, downloads, and 3-year history.

Service providers

Providers data not reported

Schedule C was not filed on this plan's most recent Form 5500, so no compensated service providers are available to display.

Plan features & details

Pension benefit codes2C2F2H2J2R2T

Plan features

2C
Money purchase plan
Money purchase pension plan other than a target benefit plan.
2F
ERISA section 404(c) plan
This plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
2H
Partial participant-directed account plan
Participants have the opportunity to direct the investment of a portion of the assets allocated to their individual accounts regardless of whether 29 CFR 2550.404c-1 is intended to be met.
2J
Code section 401(k) feature
Cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan under which employees may elect to defer part of their compensation or receive these amounts in cash.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
2T
Default investment account
Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.

Opportunity flags

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

Expense breakdown

Schedule H Part II

Admin total

$280K

$3739 / participant

Other / not subdivided$280K100.0%

% of EOY assets

1.230%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

No opinion code on file for this filing.

Auditor firm: (not reported)
Auditor EIN: -
Audit fees: (not subdivided)
Opinion code: -

Metric

This plan

Peer set

Industry

Size

Avg account balance

$265,103

$77,817+240.7%

$123,553+114.6%

$64,173+313.1%

Participation rate

94.7%

74.7%+20.0pp

82.3%+12.4pp

69.6%+25.1pp

Annual return

-3.61%

12.49%-16.1pp

119.21%-122.8pp

7.63%-11.2pp

Employer contribution / active EE

$7,327

$3,014+143.1%

$4,628+58.3%

$2,381+207.8%

Participant deferral / active EE

$5,240-100.0%

$6,426-100.0%

$3,470-100.0%

Admin fee / account holder

$3,261

$5,519-40.9%

$9,284-64.9%

$4,887-33.3%

COWAN, LIEBOWITZ AND LATMAN, P.C. EMPLOYEES' RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

COWAN, LIEBOWITZ AND LATMAN, P.C. EMPLOYEES' RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion